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Innovation and the Dynamics of Economic Growth: The Case of the Mahi River Project
Author(s) -
Saxena R. K.,
Rickards Tudor
Publication year - 1997
Publication title -
creativity and innovation management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.148
H-Index - 60
eISSN - 1467-8691
pISSN - 0963-1690
DOI - 10.1111/1467-8691.00071
Subject(s) - innovation diffusion , irrigation , economics , dynamics (music) , growth theory , entrepreneurial spirit , entrepreneurship , business , industrial organization , marketing , ecology , sociology , neoclassical economics , pedagogy , biology , finance
A regional irrigation project in India has been studied as a focus for economic growth through innovation over the period 1983–1993. The classical theory of Schumpeter is considered in terms of the irrigation potential of a dam as a primary environmental jolt or deviant. Subsequent secondary innovations are traced as new crops (‘products’) and processes. The main active ‘drivers’ were noted as technical influence agents and entrepreneurial end‐users (farmers). Multiple tertiary innovations were also noted as emerging from the secondary innovations. It is suggested that the dynamics of economic growth through environmental jolts requires a combination of entrepreneurial and active processes as well as more passive diffusion processes. Thus early models of entrepreneurial and diffusional aspects of innovation may require adapting to a more integrated theory for explaining the economic consequences of regional development initiatives.